TJSB Sahakari Bank posts 23% rise in FY18 profit at Rs 126 cr

TJSB Sahakari Bank posts 23% rise in FY18 profit at Rs 126 cr

Cooperative lender TJSB Sahakari Bank today reported a 23 per cent growth in its net profit for fiscal year 2017-18 at Rs 126 crore.

It registered a 5.6 per cent growth in deposits, which now stand at Rs 9,875 crore, and a 9.3 per cent growth in advances to 5,465 crore.

The gross non performing assets ratio stood at 4 per cent as on March 31, 2018.

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